The Daily Reckoning
The Daily Reckoning's Latest Articles | 136
Superior Biotechnology Leads to Superior Drugs
We sometimes hear about diminishing returns in cancer research and development in the big pharmaceutical companies. They tell us, traditional drug discovery techniques... Read »
Catastrophically Successful Life Extension
Truly historic discoveries and therapies are coming online right now that will radically decrease the threat and cost of autoimmune disorders, cancers, cardiovascular... Read »
Four Wall Street Banks Still Dominate Derivatives Trade
Derivatives are the “meat and meat by-products” of the financial markets. They look, smell and taste just like regular securities, but almost no one understands... Read »
When Counterfeiting is Legal
If I told you that I had $1.6 trillion on deposit at a local bank, you’d think I was not merely a member of the “1%,” but a member of the “1%” of the “1%.”... Read »
Dominique Strauss-Kahn and the Future of the IMF
Qu’ils mangent de la brioche!” English readers will recognize this infamous phrase as, “Let them eat cake.” Marie Antoinette supposedly uttered it. Two... Read »
What the IMF Chief’s Arrest Means for the European Debt Crisis
The big news over the weekend was the arrest of Dominique Strauss-Kahn who is the managing director of the IMF and had his sights on the French Presidency. Strauss-Kahn... Read »
A 1980 copy of Playboy Predicts the Future for Silver
Last night I lay back on my couch and had a couple of glasses of red, while reading an article from 1980 about the Hunt brothers and the events that surrounded... Read »
Expect Volatility in the Silver Price to Persist
It was a mixed day here in St. Louis as the clouds and rain finally gave way to sunshine as I left the office last night. The same can be said about the markets,... Read »
Is There Any Hope for Shipping?
“Many shall be restored that now are fallen and many shall fall that now are in honor.” This quotation from the Roman poet Horace is spot on in describing ... Read »
Discovering Gold’s Utility Behind America’s Triple-A Façade
Yesterday’s big news wasn’t really news at all. Standard and Poor’s finally found the nerve to state openly what the rest of the world already knew: the... Read »






